Amazon vs Walmart AMZN vs WMT
Amazon and Walmart on one sheet: valuation multiples, growth, margins, debt, dividends and returns, each section labelled with the period it covers, from the companies' filings. Add or remove a stock above the sheet; the link holds the set.
What differs most
- Net margin: Amazon 17.4%, Walmart 3.0%.
- Free-cash-flow yield: Walmart 1.6%, Amazon 0.3%.
- Market value: Amazon $2.69T, Walmart $957.28B.
- Operating margin: Amazon 12.1%, Walmart 4.4%.
- Amazon paid no dividend in the last twelve months.
Price return
2025-10-26 → 2026-10-26
AMZN+11.1%
WMT+13.3%
Profile
latestSector
Consumer Cyclical
Consumer Defensive
Industry
Specialty Retail
Discount Stores
Market value
$2.69T
$957.28B
Enterprise value
$2.83T
$1.02T
Employees
1,576,000
2,100,000
Revenue per employee (TTM)
$492K
$350K
Our models
nightlythe valuation on each stock's pagePrice vs model
165% overvalued vs model
130% overvalued vs model
Model range
$65.53–171
$30.70–150
Models in the headline
1
1
FCF growth priced in, at a 10% return
69.1%
32.9%
Every model, its assumptions and its range: AMZN valuation · WMT valuation. The growth priced in, at any return: AMZN reverse DCF · WMT reverse DCF.
Trading
close 2026-10-26Last close
$249.09
$120.29
52-week high
$284.02
$134.20
52-week low
$198.79
$100.61
Price vs 52-week high
−12.3%
−10.4%
Price vs 52-week low
+25.3%
+19.6%
Average daily volume / shares
0.4%
0.3%
Beta
1.46
0.58
Returns
to 2026-10-261 month
−0.2%
+11.4%
3 months
+7.3%
+9.9%
6 months
−5.6%
−7.4%
Year to date
+7.9%
+8.0%
1 year
+11.1%
+13.3%
1 year, dividends added
+11.1%
+14.2%
2 years
+32.6%
+45.8%
Valuation
AMZN price × TTM to Jun 2026 · WMT price × TTM to Jul 2026P/E (TTM)
20.0×
43.6×
P/E on consensus EPS (next FY)
19.4×
41.6×
Price / sales
3.5×
1.3×
EV / sales
3.7×
1.4×
EV / EBITDA
11.1×
21.8×
Price / book
4.9×
9.7×
Price / free cash flow (FY)
349.2×
64.1×
Free-cash-flow yield (FY)
0.3%
1.6%
Growth
AMZN TTM and FY2025 · WMT TTM and FY2026Revenue growth (TTM)
—
—
Revenue growth, consensus next FY
+15.6%
+5.5%
Revenue, 3-year CAGR
11.7%
5.3%
Revenue, 5-year CAGR
13.2%
5.0%
EPS growth (TTM)
—
—
EPS growth, consensus next FY
+79.4%
+5.8%
EPS, 3-year CAGR
—
24.3%
Free cash flow, 3-year CAGR
—
7.6%
Diluted shares, 3-year change
+6.3%
−2.2%
Profitability
AMZN TTM to Jun 2026 · WMT TTM to Jul 2026Gross margin (FY)†
50.3%
24.9%
Operating margin
12.1%
4.4%
EBITDA margin
32.7%
6.4%
Net margin
17.4%
3.0%
Free-cash-flow margin (FY)
1.1%
2.1%
Return on equity
24.5%
22.5%
Return on assets
12.3%
7.5%
Asset turnover
0.71
2.50
† Gross margin (FY): As filed. Companies draw the cost-of-revenue line in different places, so gross margins of two companies in one industry can differ for that reason alone; operating margin does not depend on where the line is drawn.
Balance sheet
AMZN MRQ Jun 2026 · WMT MRQ Jul 2026Cash
$78.21B
$11.53B
Total debt
$223.23B
$73.75B
Net debt
$145.02B
$62.23B
Debt / equity
0.4×
0.8×
Net debt / EBITDA (TTM)
0.6×
1.3×
Interest coverage (FY)
35.2×
10.7×
Current ratio (FY)
1.05
0.79
Dividends
trailing 12 monthsDividend yield
0.0%
0.8%
Dividends per share
$0.00
$0.98
Payout ratio (of TTM EPS)
—
35.4%
Dividend per share, 5-year CAGR
—
6.0%
Frequency
—
Quarterly
Ownership and activity
last 90 days · latest 13FTracked superinvestors holding (13F)
38
8
Insider open-market buys (Form 4)
$0
$0
Insider sales (Form 4)
$14.4M
$11.1M
Analyst upgrades
0
1
Analyst downgrades
0
1
Statements
AMZN income TTM to Jun 2026 · cash flow FY2025 · WMT income TTM to Jul 2026 · cash flow FY2026Revenue
$775.68B
$735.84B
EBITDA
$254.00B
$46.76B
Operating income
$93.71B
$32.28B
Net income
$135.28B
$22.08B
EPS (diluted)
$12.43
$2.76
Operating cash flow
$139.51B
$41.56B
Capital expenditure
−$131.82B
−$26.64B
Free cash flow
$7.70B
$14.92B
Dividends paid
$0
$7.51B
Keep comparing
Amazon against
Walmart against
Statements, prices, dividends and consensus estimates from Financial Modeling Prep; insider trades from Form 4 and holdings from 13F. Refreshed nightly. A comparison of filed numbers, not a recommendation to buy, sell or hold any security.